Lakshadweep/Kochi, June 11 (UNI) Waters of the Union Territory of Lakshadweep hold an annual fish catch potential of 1 lakh MT, proving that fisheries are the backbone of its economy.
Recognising fisheries as a vital sector and lifeline for Lakshadweep, the Centre has approved Rs 14.06 crore under Pradhan Mantri Matsya Sampada Yojana (PMMSY) for Lakshadweep.
Lakshadweep has been designated as a Seaweed Cluster also, Union Minister of State for Minority Affairs and Fisheries, Animal Husbandry and Dairying, George Kurian, said on Tuesday.